Skip to content
Back to all stories
BBC News

Home sellers cut asking prices on 3,000 properties a day, says Rightmove

More property asking prices are being cut than at any time in 15 years, data shared with the BBC shows.

Tarun Mottlia

Via BBC News

·Excerpt
Home sellers cut asking prices on 3,000 properties a day, says Rightmove
Image: BBC News (Tech & Business)

Sellers who have contacted the BBC's Your Voice have pointed to the difficulties created by lots of homes on the market, and extra problems for those selling leasehold properties in England.

One, who was selling his late father's home in south Wales, said: "The market is dead. Lots for sale; no-one buying. No-one thinks it's going to get easier."

Tarah Lourens, chief operating officer at Rightmove, said that "emotional" factors influenced sellers pricing a home - as they "put a…

Continue reading on BBC News ↗

Courtesy

This story was originally published by BBC News. All rights belong to the original publisher.

Read the original on bbc.co.uk ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us